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Prime Minister Keir Starmer failed to fully back Chancellor of the Exchequer Rachel Reeves after a U-turn on the government's flagship welfare reforms derailed her fiscal plans.

Deutsche Bank AG's top risk manager has warned Europe against crippling lenders with so many rules that its legacy will be "unfortunately, they didn't have tanks, but the banking regulation was really fair."

Bank of England rate-setter Alan Taylor called for a faster pace of easing with three more interest-rate cuts this year, as the risk of a hard landing for the UK economy mounts.

European Central Bank Governing Council member Olli Rehn is worried that inflation staying below 2% for a lengthy period could shift the price outlook of euro-zone consumers.

Banca Sella Holding SpA, an Italian banking group, is running an internal pilot to test custody of digital assets like stablecoins, people familiar with the matter said.

JPMorgan Chase & Co. is developing a new service to tokenize carbon credits and is partnering with a trio of carbon companies for an initial trial.

Despite a strong first quarter for startup funding, the Middle East's venture ecosystem faces a unique paradox: The region's sovereign wealth funds and family offices wield trillions of dollars and yet startups are struggling to access the funding .. ...

The billionaire dynasty that has dominated Thailand's politics for more than two decades is on the cusp of being ousted from high office yet again. Prime Minister Paetongtarn Shinawatra was suspended by the Constitutional Court pending a ruling on .. ...

Germany has given the green light for drilling as much as 13 billion cubic meters of natural gas at a protected marine site in the North Sea in a controversial step to bolster energy security.

Luxshare Precision Industry Co. is working with China International Capital Corp., Citic Securities Co. and Goldman Sachs Group Inc. on its planned Hong Kong listing, according to people familiar with the matter.